British Equality Trust says: „Richest 1,000 People Have More Wealth Than Poorest 40%“

This year it finds that the richest 1,000 people have more wealth than the poorest 40% of households [1]. The 1,000 richest saw their wealth increase by a staggering £82.5 billion last year, the equivalent of £226 million a day, or £2,615 a second.

The Equality Trust has found that this increase in wealth of £82.5 billion could:

Pay the energy bills [2] of all 25.6 million UK households for two and a half years. Cost = £79.15 billion OR

Provide 5,143,819 million Living Wage jobs [3], or 2,923,333 million jobs paid at an average salary [4] for a year. Cost = £82.476 billion OR

Pay the grocery bill for all of the UK’s users of food banks for 56 years [5]. Cost = £81.5 billion OR